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GIS » Topics » italics

This excerpt taken from the GIS 10-Q filed Sep 19, 2007.
italics herein.

 

CONSOLIDATED RESULTS OF OPERATIONS

 

First Quarter Results

 

For the first quarter of fiscal 2008, we reported diluted earnings per share of $0.81, up 9.4 percent from $0.74 per share earned in the same period last year. Net earnings were $288.9 million in the first quarter of fiscal 2008, up 8.2 percent from $266.9 million last year. Net sales for the first quarter of fiscal 2008 grew 7.4 percent to $3.1 billion and total segment operating profit increased 8.7 percent to $578.3 million (see page 27 for a discussion of this measure not defined by generally accepted accounting principles (GAAP)).

 

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